Latest Key Developments (Source: Significant Developments)

June 30 (Reuters) - Lanxess AG :Says has revised its organizational structure.Says business lines rubber additives business and colorant additives business now both belong to rhein chemie business unit.
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June 21 (Reuters) - Lanxess Ag :To streamline the chrome value chain of its leather business.In this context the company will discontinue production at the zárate site in argentina in the fourth quarter of 2017.The site closure in zárate, argentina, will affect 170 employees.Sees positive ebitda effect of around eur 10 million annuallyfrom end 2018 , as well as approximately eur 60 million in one-time-costs in 2017.
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May 31 (Reuters) - LANXESS AG ::INVESTS AGAIN IN HIGH-TECH GRUENDERFONDS WITH A SINGLE-DIGIT MILLION EURO AMOUNT‍​.HIGH-TECH GRUENDERFONDS (HTGF) III WILL START ON MAY 31, 2017 WITH A VOLUME OF 245 MILLION EUROS IN THE FIRST CLOSING.
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Lanxess Ag : capacities for iron oxide pigments to be increased by around 25,000 metric tons by 2019 . is also expanding capacities for yellow pigments by another 2,000 tons per year at its site in Porto Feliz, Brazil . by taking these measures, will be increasing its global production capacities from 375,000 to 400,000 tons of iron oxide pigments by 2019. Source http://bit.ly/2oVw5xI ((Bangalore.newsroom@thomsonreuters.com;)).
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Lanxess AG : During next three years, business unit advanced industrial intermediates will be investing some 100 million euros ($107.08 million) in expanding production facilities for chemical intermediates . Investment program scheduled for completion by 2020 . Around 40 million euros each will be invested in Leverkusen and Krefeld-Uerdingen sites in federal state of North Rhine-Westphalia .Rest will be used to expand facilities in Brunsbuettel (federal state of Schleswig-Holstein), and Antwerp (Belgium).
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